No Money Worries
I've been exploring what it would truly mean to be free from all money worries. Is the answer to have none at all or to have more than enough? Or perhaps it's something in between — or none of the above?
As an investment advisor to affluent families and a keen student of related topics, I’ve been part of more conversations about money than I ever imagined. They all require understanding and empathy. Each one is unique, each offers new insights, and each helps me uncover blind spots I didn’t realize I had.
The contexts differ, and the intensity varies, but the themes are strikingly similar.
Choosing to have no money doesn’t erase money problems; in fact, it often intensifies them. A small, unexpected expense can become an outsized source of stress, creating unnecessary turmoil in a household.
On the other hand, having substantial wealth — enough to never work again — brings its own challenges. Decisions must be made about how to invest it, how to keep it safe while ensuring it grows enough to outpace inflation.
What about finding that elusive "perfect amount," where the worries of having too little disappear and the burdens of managing too much have yet to arrive?
In our ever-changing lives, that "just right" number is a moving target, often more illusion than reality. So what’s the answer?
I’ve come to realize that it’s often less about finding a definitive answer and more about asking better questions. A shift in perspective or thoughtful reframing can alleviate much, if not all, of the worry.
In my work, I’ve also discovered that there’s rarely a one-size-fits-all solution. The right approach is often the one that works for you, and usually only for a time.
For some, it might be a cash reserve that covers a few months or years of expenses. For others, it’s an investment strategy that accounts for both risk and reward. Or perhaps it’s a future plan that balances needs, wants, and the unexpected.
I don’t think money worries ever completely vanish. Instead, we trade one set of concerns for another. But by continuously adjusting our perspective, we can often find a way to sleep a little easier, all while moving closer to our goals.
Ultimately, it’s about asking better questions rather than settling on a single answer.
Happy Investing!
Bogumil Baranowski
Disclosure:
Blue Infinitas Capital, LLC is a registered investment adviser. The information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.